Utilities Stocks That Climbed Upward on Monday, August 29, 2011

At the close of trading on Monday, August 29, 2011, these stocks helped the Utilities (NYSE:XLU) sector. Long time Wall St. Cheat Sheet readers know to watch stock prices because Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.

Shares of El Paso Corporation (NYSE:EP) closed at $18.91, up 72 cents (+4%) from the previous close of $18.19. El Paso Corp. is an energy company, provides natural gas and related energy products.

Stock Price Performance: From June 2, 2011, to August 26, 2011, the stock price had fallen $2.41 (-11.7%) from $20.60 to $18.19. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 5, 2011 when shares rose for seven straight trading days, rising 5.2% (+$1.02). It saw one of its worst periods between July 27, 2011 and August 4, 2011 when shares fell for seven straight trading days, falling 15.3% (-$3.21).

Entergy Corporation (NYSE:ETR) was among the sector price gainers, as it closed at $64.63, up $2.20 (+3.5%) from the previous close of $62.43. Entergy Corporation is an energy company involved in electric power production and retail electric distribution operations.

Stock Price Performance: From June 30, 2011, to August 26, 2011, the stock price had fallen $4.90 (-7.3%) from $67.33 to $62.43. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 28, 2011 when shares rose for eight straight trading days, rising 6.1% (+$3.91). It saw one of its worst periods between July 25, 2011 and August 4, 2011 when shares fell for nine straight trading days, falling 9.1% (-$6.14).

National Fuel Gas Co. (NYSE:NFG) was one of the top price gainers. It closed at $61.18, which is $3.15 (+5.4%) above the previous close of $58.03. National Fuel Gas Company is a diversified energy company which operates its business in four segments; Utility, Pipeline and Storage, Exploration and Production and Energy Marketing.

Stock Price Performance: From June 30, 2011, to August 26, 2011, the stock price had fallen $14.77 (-20.3%) from $72.80 to $58.03. The stock price saw one of its best stretches over the last year between December 23, 2010 and January 6, 2011 when shares rose for 10 straight trading days, rising 7.7% (+$4.87). It saw one of its worst periods between July 25, 2011 and August 8, 2011 when shares fell for 11 straight trading days, falling 27% (-$19.93).

Energen Corporation (NYSE:EGN) was among the top price gainers in the sector. Its shares traded at $48.02, up $2.23 (+4.9%) from the previous close of $45.79. Energen Corporation is engaged in the development, acquisition, exploration & production of oil & natural gas & natural gas liquids in the continental U.S. and in the purchase, distribution and sale of natural gas in central & north Alabama.

Stock Price Performance: From June 2, 2011, to August 26, 2011, the stock price had fallen $15.13 (-24.8%) from $60.92 to $45.79. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 29, 2011 when shares rose for nine straight trading days, rising 8.6% (+$5.13). It saw one of its worst periods between May 31, 2011 and June 13, 2011 when shares fell for 10 straight trading days, falling 9.5% (-$5.92).

Shares of Covanta Holding Corporation (NYSE:CVA) closed at $16.33, up 62 cents (+3.9%) from the previous close of $15.71. Covanta Holding Corporation is a developer, owner and operator of infrastructure for the conversion of waste to energy known as ‘energy-from-waste’, as well as other waste disposal and renewable energy production businesses in the Americas, Europe & Asia.

Stock Price Performance: From July 29, 2011, to August 26, 2011, the stock price had dropped $1.57 (-9.1%) from $17.28 to $15.71. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 8, 2011 when shares rose for 10 straight trading days, rising 6.2% (+$1). It saw one of its worst periods between April 6, 2011 and April 19, 2011 when shares fell for 10 straight trading days, falling 6.8% (-$1.19).